South Korea plans to spend another KRW70 billion (US$60.1 million) to support local shipbuilders’ recovery efforts,…
Tag: shipyards
Damen records $19.1m loss for 2018
Damen Shipyards Group has recorded a net loss of USD19.1 million in 2018. This is the…
Half of 2017 new orders stuck in shipyards
Some 50% of the newbuilding orderbook due to be delivered this year is yet to do…
China white list shipyards set for reshuffling
China’s white list of 70 shipyards is set for a round of reshuffling with 20 names…
World’s top two shipyards signal more orders as earnings improve
The world’s two biggest shipbuilders reported profit and issued an improved outlook, indicating South Korea’s shipyards…
Top 3 shipyards let 3,000 workers go in Q3 amid restructuring
Some 3,000 employees have quit their jobs from South Korea’s top three shipbuilders in the third…
Shipping record lowest level of newbuilding contracts in 20 years
Shipyards become the next victim of the deteriorating conditions in the dry bulk, container and offshore…
Croatian shipyards deliver new ships to Iceland, Norway
Until now, such ships were only produced at Chinese shipyards. This month, two new ships built…
China shipyards new orders spike 44.7% in first half
Newbuilding orders at Chinese shipyards have jumped in the first half of this year compared to…
China shipyards continue to see new orders rise in first four months
China’s shipyards have continued to see newbuilding orders rise over the first four months of this…